Dealogic is a data analytics company offering integrated content, analytics, and technology to professionals and institutions in the financial industry. By providing valuable insights through data and content, Dealogic helps their clients make smarter, faster, and more informed investment decisions.
The Challenge
The main challenge Dealogic faced was how to compile data accurately while keeping up with the ever-changing financial market. Previously, the team had to manually visit websites and review every single article — a time-consuming process that was difficult to scale and prone to missing critical deals.
The Solution
Dealogic partnered with Octoparse to scrape a considerable amount of data from various financial platforms. Having access to a wealth of information allows them to keep their fingers on the pulse of the financial market — automatically, at scale, and in real time.
Why Octoparse
Get Data on a Global Scale
Previously, Dealogic worked with an international data provider, only to find that even they missed deals and failed to capture significant cases. By switching to Octoparse, Dealogic took control of their own data sourcing — ensuring no important information slips through the cracks.
Reduce Turnaround Time by 75%
The time spent manually reviewing articles has been reduced to just one quarter of what it used to be. Beyond that, the turnaround time between an article being published and it reaching clients dropped from nine hours to just four and a half — a 50% reduction in delivery speed.
Less People, More Work Done
What previously required three people to handle — sourcing data and going through articles — now takes just one. Octoparse’s efficiency gains have fundamentally changed how the content team operates.
Easy to Get Started
Unlike other tools that require coding knowledge to set up, Octoparse is straightforward to configure. The training materials are clear, and once a few tasks are set up, the rest falls into place quickly.
Results
“Octoparse service, answers on the questions are definitely a major help for the content team. And it is definitely testified from a client perspective as well — they get data faster and with similar quality, if not even better.”
— Gyorgy Dorfi, Development Team, Dealogic Ltd
Dealogic is now a trusted platform connecting investors, firms, and financial institutions from all corners of the world. Octoparse helps more mission-critical companies like Dealogic create value for their customers and the overall industry.
